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Home » News » Despite Reforms, Observers Still See Problems With MBS Ratings and Due Diligence Providers
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Despite Reforms, Observers Still See Problems With MBS Ratings and Due Diligence Providers

September 18, 2015
“It’s amazing that we’re talking about this seven years after the financial crisis,” said Bob Behal, a principal and co-head of ABS/commercial MBS Investments at Vanguard Group, during this week’s ABS East conference in Miami. He was referring to the practice of rating shopping, which is a current practice, particularly in the commercial MBS market, according to a number of industry participants. A panel regarding reforms for the rating services and due diligence providers attracted a standing-room audience at the conference produced by Information Management Network. The conference was...
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